Reported about 5 hours ago
Union Pacific reported a 7% increase in third-quarter earnings, totaling $1.79 billion, as it continues advocating for a potential $85 billion merger with Norfolk Southern. CEO Jim Vena argues that the merger could enhance efficiency and competition, though it faces scrutiny from some industry peers and regulatory hurdles. Despite challenges from technological advancements in trucking and shipping, Union Pacific remains on track for consistent profit growth.
Source: YAHOO